NASDAQ:PENN - Penn National Gaming Stock Price, Price Target & More

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$35.52 +0.11 (+0.31 %)
(As of 07/20/2018 02:25 PM ET)
Previous Close$35.12
Today's Range$35.12 - $35.70
52-Week Range$19.98 - $36.90
Volume21,539 shs
Average Volume1.06 million shs
Market Capitalization$3.28 billion
P/E Ratio3.93
Dividend YieldN/A
Beta1.46
Penn National Gaming logoPenn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through Northeast, South/West, and Midwest segments. As of December 31, 2017, it operated 27 facilities in 17 jurisdictions, including California, Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario, Canada. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
SymbolNASDAQ:PENN
CUSIP70756910
Phone610-373-2400

Debt

Debt-to-Equity Ratio-138.00
Current Ratio0.70
Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio3.93
Forward P/E Ratio20.89
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales1.04
Cash Flow$12.1229 per share
Price / Cash2.93
Book Value($0.80) per share
Price / Book-44.40

Profitability

EPS (Most Recent Fiscal Year)$8.98
Net Income$473.46 million
Net Margins17.04%
Return on Equity-92.84%
Return on Assets1.61%

Miscellaneous

Employees18,754
Outstanding Shares91,860,000
Market Cap$3,280.30

Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

How will Penn National Gaming's stock buyback program work?

Penn National Gaming declared that its board has authorized a stock buyback plan on Tuesday, April 11th 2017, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 8.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) posted its quarterly earnings data on Thursday, April, 26th. The company reported $0.48 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.09. The company earned $816.10 million during the quarter, compared to analysts' expectations of $805.70 million. Penn National Gaming had a net margin of 17.04% and a negative return on equity of 92.84%. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.06 earnings per share. View Penn National Gaming's Earnings History.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Penn National Gaming.

What guidance has Penn National Gaming issued on next quarter's earnings?

Penn National Gaming updated its second quarter earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $0.49 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.45. The company issued revenue guidance of $839.9 million, compared to the consensus revenue estimate of $823.34 million.Penn National Gaming also updated its FY18 guidance to $1.62 EPS.

What price target have analysts set for PENN?

11 brokerages have issued 1 year price targets for Penn National Gaming's shares. Their predictions range from $30.00 to $40.00. On average, they anticipate Penn National Gaming's stock price to reach $35.90 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Ratings for Penn National Gaming.

What is the consensus analysts' recommendation for Penn National Gaming?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Penn National Gaming's key competitors?

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the folowing people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 59)
  • Mr. Jay A. Snowden, Pres & COO (Age 42)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 55)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 53)
  • Richard Primus, Sr. VP & Chief Information Officer

Has Penn National Gaming been receiving favorable news coverage?

Press coverage about PENN stock has trended somewhat positive on Friday, according to Accern Sentiment. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Penn National Gaming earned a news sentiment score of 0.17 on Accern's scale. They also assigned press coverage about the company an impact score of 45.92 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a number of of institutional and retail investors. Top institutional investors include Boston Advisors LLC (0.81%), Copper Rock Capital Partners LLC (0.63%), Mckinley Capital Management LLC Delaware (0.38%), Peregrine Capital Management LLC (0.27%), James Investment Research Inc. (0.07%) and Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, Jane Scaccetti, Jay A Snowden, Peter M Carlino and Timothy J Wilmott. View Institutional Ownership Trends for Penn National Gaming.

Which major investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Municipal Employees Retirement System of Michigan. Company insiders that have sold Penn National Gaming company stock in the last year include Carl Sottosanti, Jay A Snowden, Peter M Carlino and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

Which major investors are buying Penn National Gaming stock?

PENN stock was bought by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Mckinley Capital Management LLC Delaware, Peregrine Capital Management LLC, Boston Advisors LLC and James Investment Research Inc.. Company insiders that have bought Penn National Gaming stock in the last two years include Jane Scaccetti and Jay A Snowden. View Insider Buying and Selling for Penn National Gaming.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $35.37.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $3.28 billion and generates $3.15 billion in revenue each year. The company earns $473.46 million in net income (profit) each year or $8.98 on an earnings per share basis. Penn National Gaming employs 18,754 workers across the globe.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]


MarketBeat Community Rating for Penn National Gaming (NASDAQ PENN)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  495 (Vote Outperform)
Underperform Votes:  362 (Vote Underperform)
Total Votes:  857
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote "Outperform" if you believe PENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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